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CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
6 Months Ended
Aug. 27, 2016
Aug. 29, 2015
Operating activities:    
Net income $ 10,185 $ 40,305
Adjustments to reconcile to net cash provided by operating activities:    
Depreciation and amortization 280,839 237,348
Lease termination and impairment charges 13,014 14,659
LIFO charge 27,511 11,973
Loss on sale of assets, net 1,230 320
Stock-based compensation expense 23,696 16,201
Loss on debt retirements, net   33,205
Changes in deferred taxes 1,998 1,574
Excess tax benefit on stock options and restricted stock (3,248) (20,869)
Changes in operating assets and liabilities:    
Accounts receivable (227,255) 8,119
Inventories (157,471) (24,469)
Accounts payable 150,339 31,909
Other assets and liabilities, net (107,972) (8,703)
Net cash provided by operating activities 12,866 341,572
Investing activities:    
Payments for property, plant and equipment (225,718) (271,683)
Intangible assets acquired (28,869) (43,462)
Acquisition of businesses, net of cash acquired   (1,779,571)
Proceeds from dispositions of assets and investments 6,833 6,081
Net cash (used in) provided by investing activities (247,754) (2,088,635)
Financing activities:    
Proceeds from issuance of long-term debt   1,800,000
Net proceeds from revolver 250,000 728,000
Principal payments on long-term debt (11,230) (661,217)
Change in zero balance cash accounts 534 (51,309)
Net proceeds from issuance of common stock 3,958 8,105
Financing fees paid for early debt redemption   (26,003)
Excess tax benefit on stock options and restricted stock 3,248 20,869
Deferred financing costs paid   (34,634)
Net cash (used in) provided by financing activities 246,510 1,783,811
Increase (decrease) in cash and cash equivalents 11,622 36,748
Cash and cash equivalents, beginning of period 124,471 115,899
Cash and cash equivalents, end of period 136,093 152,647
Supplementary cash flow data:    
Cash paid for interest (net of capitalized amounts of $101 and $87, respectively) 199,966 170,053
Cash payments of income taxes, net of refunds 5,628 3,154
Equipment financed under capital leases 2,860 1,271
Equipment received for noncash consideration 746 2,011
Stock consideration issued in connection with business acquisitions   240,907
Conversion of the 8.5% convertible notes to common stock   64,089
Gross borrowings from revolver 1,937,000 2,904,000
Gross payments to revolver $ 1,687,000 $ 2,176,000